£244,355
This estimated value is based upon the latest sale price for the house of £237,500 on 7 Jul 2023. This value is then adjusted by the current Official House Price Index for SHROPSHIRE 1
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Price Paid | Date |
---|---|
£237,500 | 7 Jul 2023 |
£217,000 | 27 Nov 2015 |
£223,950 | 11 Jul 2006 |
Terraced |
Freehold |
Floor Area: 110 sq meters or 1,184 sq feet |
This model uses changes in the Official Land Registry House Price Index for SHROPSHIRE to estimate the market value.
When this house was purchased in July 2023 the House Price Index for SHROPSHIRE was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £237,500 results in an estimated price of approximately £244,355.
7 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.5 | 149.7 | 2.887 % | £237,500 | £6,855 | £244,355 |
The Postcode Pricing Model uses changes in average sales price within the TF11 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | 121.164 % | £287,763 | £525,263 |
3 Month Average | 5.469 % | £12,989 | £250,489 |
6 Month Average | -10.291 % | £-24,442 | £213,057 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £279,291 | £275,000 | UNIT 1 RAILWAY SIDINGS MARKET PLACE |
8 Dec 2023 | £157,850 | £153,000 | 16 MARKET PLACE |
17 Nov 2023 | £523,283 | £510,000 | 15 MEAD WAY |
3 Nov 2023 | £123,125 | £120,000 | 24 THE GROVE |
9 Jun 2023 | £151,027 | £148,000 | 26 THE GROVE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 1 Jul 2015.
The average size of a house on THE GROVE is 86 sq meters (928 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Theft from the person | Under investigation | On or near The Grove |
Jul 2024 | Theft from the person | Under investigation | On or near The Grove |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Grove |
Apr 2024 | Anti-social behaviour | On or near The Grove | |
Apr 2024 | Anti-social behaviour | On or near The Grove |